Bumble Bee looks set to join fellow US seafood brand Chicken of the Sea in the Thai Union portfolio

Bumble Bee looks set to join fellow US seafood brand Chicken of the Sea in the Thai Union portfolio

Days before Christmas came one of the more notable deals of recent months with Thai seafood giant Thai Union Frozen swooping for US group Bumble Bee Foods. In the US, ConAgra Foods wrote down the value of its own-label arm and Kraft Foods Group announced a new CEO. Elsewhere, Australian retailer Coles admitted payments it demanded from suppliers broke competition law and we interviewed the CEO of Groupe Doux, the French poultry group getting itself back on a firmer footing a year after emerging from administration. Click on the headlines for more.

Thai Union to buy US seafood firm Bumble Bee
Thai Union Frozen Products has struck a deal to buy US canned seafood supplier Bumble Bee Foods from private-equity firm Lion Capital for US$1.51bn. 

The just-food interview: Doux CEO Arnaud Marion
French poultry supplier Groupe Doux is a company looking to the future after a challenging recent past. From June 2012, Doux spent 18 months in administration after pressure from raw material costs and a failed foray into Brazil. In a two-part interview, Stuart Todd speaks to Doux CEO Arnaud Marion, the turnaround specialist hired by the administrators and who has stayed on to lead the business into what he hopes is sustained recovery.

ConAgra profits slide on private-label writedown
ConAgra Foods has reported a fall in second-quarter profits on the back of a writedown on its private-label business, with the US food group warning it will take longer than expected to see the unit's profits improve.

Coles admits supplier payments broke competition law
Coles, Australia's second-largest retailer, has agreed to accept payments demanded from suppliers in 2011 constituted "unconscionable conduct" and said it will take part in an independent review to assess supplier refunds.

Kellogg and Abraaj table fresh bids for Bisco Misr
Kellogg and Abraaj Investment Management have tabled new offers for Egyptian snack firm Bisco Misr, with the US group again outbidding the private-equity firm.

Kraft to take "fresh look" at business, says new CEO Cahill
Kraft Foods Group chairman John Cahill will take on the role of CEO at the US food group, with chief executive Tony Vernon set to step down.

Wessanen to buy dairy-free drinks firm Abafoods
Dutch food group Wessanen is to acquire Italian dairy-free drinks maker Abafoods for EUR52m (US$65.1m).

On the money: General Mills "priority" categories see share improvement
General Mills has reported market share growth across its three "priority" categories in the US - cereal, yoghurt and snacks - but sluggish sector sales trends and continuing under-performance from struggling areas of its portfolio continue to hit the group's US retail business.

BRF, Indofood ink Indonesia JV deal
Brazilian food group BRF and Indonesia food company Indofood are set to work together in the Asian market.

Pork Farms "disappointed" over watchdog's Kerry deal stance
Pork Farms has said it is "disappointed" over the UK competition watchdog's insistence the UK group must address "concerns" about its acquisition of Kerry Group's savoury pastry assets.